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  • Siacoin (SC) spikes to 2-year high amid boost in investor confidence

    Siacoin (SC) spikes to 2-year high amid boost in investor confidence

    • Siacoin (SC) price rose to above $0.02, its highest level since December 2021.
    • SC, the native token of decentralized cloud storage platform Sia, was up 55% in the past week and 120% up over the past two weeks.

    Siacoin (SC) rose to its highest level since December 2021, breaking above $0.02 to mark a two-year high.

    SC, the native token of decentralized cloud storage platform Sia, was among top performers on Friday. With SC/USD changing hands near the intraday highs, the double-digit gains pushed Siacoin’s market cap to above $1 billion. Per CoinMarketCap, Siacoin ranked 70 among largest cryptocurrencies by market cap at the time of writing.

    Today’s gains have pushed the weekly upside for the altcoin to 55%, while it’s 120% up over the past two weeks.

    Why is Siacoin price up today?

    Siacoin’s gains, which put it among top gainers on the day alongside Avalanche DEX platform Pangolin (PNG), comes amid renewed confidence in the future of the project.

    A recent update from the Siacoin Foundation injected optimism within the Sia community. According to the platform’s February 2024 update, there’s a lot in the pipeline for the Sia network.

    Key milestones set to enhance network stability and performance include an upcoming hardfork dubbed Utreexo. The implementation for the hardfork as set in the RHP4 aims at enhancing network scalability and efficiency.

    As SC price rose, the amount of short liquidations increased. According to data from Coinglass, the last 24 hours had seen a total of over $64k in shorts liquidated.

    Meanwhile, Open Interest has increased 21% to $12.77 million amid the buy pressure.

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  • Bitcoin crosses $51K, S&P 500 sees record close; this EOS and Shiba Inu rival witness investor influx

    Bitcoin crosses $51K, S&P 500 sees record close; this EOS and Shiba Inu rival witness investor influx

    The cryptocurrency market witnessed a significant surge as Bitcoin soared past the $51,000 mark, marking a staggering 19% gain for the week. This bullish momentum rippled across the financial landscape, with the S&P 500 also achieving a record close, breaching the 5,000 mark for the first time in history. 

    Amidst this fervent activity, altcoins such as EOS and Shiba Inu faced stiff competition from a new contender, Rebel Satoshi, signalling a fresh wave of investor interest in the crypto sphere.

    Bitcoin $51k surge as S&P 500 witness record-breaking high

    Bitcoin continues its supreme reign, breaching the $51,000 mark for the first time this year. The bull run shows no signs of stopping and the leading coin is currently trading above the $51,200 range with experts stating that it would surpass the $53,000 resistance barrier in the coming days. 

    This bullish run can be attributed to factors such as growing institutional adoption, anticipation of wider mainstream acceptance, and a potential haven during global economic uncertainties. While some analysts predict a possible correction, Bitcoin’s long-term outlook remains optimistic for many investors searching for top crypto coins.

    The memecoin battleground is heating up! The self-styled “Dogecoin killer,” Shiba Inu has been on a tear, fueled by social media hype and celebrity endorsements. However, Rebel Satoshi has emerged as a new challenger, aiming to become the best memecoin built on the secure Ethereum blockchain. With its presale rounds selling out increasingly rapidly, Rebel Satoshi is attracting significant attention from investors seeking the next big altcoin to buy.

    The crypto market extends far beyond memecoins. Several other altcoins are making waves, offering unique value propositions and attracting investor interest. EOS, known for its scalability and speed, has seen a significant price increase, potentially driven by growing adoption and development activity on its platform.

    Rebel Satoshi: a rising star in the crypto galaxy

    The journey of Rebel Satoshi began with its initial presale rounds, each attracting escalating attention and investment from crypto enthusiasts worldwide. The inaugural Rebels Round 1 saw overwhelming demand, selling out within a mere 10 days, followed closely by the Warriors Round 2, which achieved the same feat in just 15 days. 

    As excitement continued to mount, the Citizens Round 3 garnered robust participation, reaching capacity in 18 days. The momentum culminated in the Monarchs Round 4, which marked a significant milestone by selling out in less than 25 days. Now, with the Recusants Round 5 underway, investors are presented with the final opportunity to secure their stake in this promising venture.

    As the crypto landscape evolves, Rebel Satoshi emerges as a formidable rival to established players. Built on the Ethereum network, one of the most secure blockchains in the crypto space, Rebel Satoshi presents an enticing investment opportunity for those seeking the best cryptocurrency investments available. With its innovative approach and growing community support, Rebel Satoshi is poised to disrupt the market and carve out its niche among the top crypto coins.

    Rebel Satoshi Presale

    With less than 25 million $RBLZ remaining for the current round, time is of the essence for investors looking to capitalize on the Rebel Satoshi phenomenon. As the countdown to the launch on decentralized exchanges (DEX) draws closer, anticipation reaches a fever pitch. 

    The convergence of limited supply and burgeoning demand creates an electrifying atmosphere, presenting a golden opportunity for savvy investors to get in on the ground floor of this groundbreaking project.

    Why invest in Rebel Satoshi?

    Rebel Satoshi offers more than just a chance to ride the crypto wave; it represents a gateway to unparalleled potential and financial freedom. With its robust infrastructure and visionary leadership, Rebel Satoshi is primed to redefine the crypto landscape and unlock new avenues for wealth creation. 

    By investing in Rebel Satoshi, individuals can seize the opportunity to be part of a revolutionary movement shaping the financial future.

    For the latest updates and more information, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • expert debates; emerging memecoin sparks investor excitement

    expert debates; emerging memecoin sparks investor excitement

    Few topics garner as much attention and speculation as the potential future value of Bitcoin. 

    With enthusiasts and experts alike debating whether the pioneering cryptocurrency can reach the coveted $1 million mark by 2028, the stage is set for a clash of perspectives and predictions.

    Bitcoin’s potential journey to $1 million

    As Bitcoin evangelists fervently advocate for its exponential growth, sceptics raise valid concerns about market unpredictability. Tuur Demeester, a well-known Bitcoin advocate, recently shared a tempered view on Bitcoin’s trajectory. Despite acknowledging the significance of Bitcoin’s halving events, which reduce the supply and historically lead to price surges, Demeester remains cautious about setting overly ambitious expectations.

    On the other hand, figures like Samson Mow exude confidence in Bitcoin’s ability to soar to $1 million. Mow points to the upcoming halving events that reduce Bitcoin’s daily production as catalysts for potential price explosions. His optimistic outlook hinges on Bitcoin’s adoption and the belief that sudden surges could cause significant disruptions in the market.

    Factors influencing Bitcoin’s future

    The anticipation surrounding Bitcoin’s journey to $1 million is closely tied to its halving events, which occur approximately every four years. These events, marked by a reduction in the rate of new Bitcoin creation, have historically triggered notable price movements. With the upcoming halving scheduled for April this year, investors are eyeing the potential impact on Bitcoin’s trajectory.

    Moreover, market dynamics and adoption rates play crucial roles in shaping Bitcoin’s future. While some argue that natural adoption may constrain its growth, others believe that market movements could defy conventional models. As the crypto community eagerly awaits the unfolding of events, the debate rages about the feasibility of Bitcoin reaching the $1 million milestone.

    Rebel Satoshi: an emerging memecoin igniting investor excitement

    Amidst the fervour surrounding Bitcoin’s price predictions, a new contender emerges in the crypto sphere – Rebel Satoshi. Rebel Satoshi isn’t just another top altcoin; it’s a community-driven project with a vision to revolutionize the cryptocurrency landscape. With its unique approach and promising prospects, Rebel Satoshi has captured the attention of investors worldwide.

    The project’s presale rounds have garnered significant interest, with Rebels Round 1 selling out in just 10 days, followed by Warriors Round 2 in 15 days, and Citizens Round 3 in 18 days. Currently, in Monarchs Round 4, which is expected to end this week, Rebel Satoshi is gearing up for its final presale round, Recusants Round 5.

    Is Rebel Satoshi a good crypto investment?

    Rebel Satoshi isn’t just about buying tokens; it’s about joining a movement. With 25 million $RBLZ tokens remaining for this presale round, investors have a chance to become part of something extraordinary. Built on the Ethereum network, Rebel Satoshi ($RBLZ) boasts top-high security and transparency. The project’s smart contracts have undergone audits by auditing firm Source Hat, ensuring safety and reliability.

    In addition, Rebel Satoshi ($RBLZ) is a community-driven ecosystem. Investors aren’t just buying tokens; they’re gaining access to a vibrant community of like-minded individuals dedicated to driving innovation and growth.

    Conclusion

    As the Rebel Satoshi presale countdown continues, excitement mounts among investors. With a limited supply of $RBLZ tokens available, the opportunity to get in on the ground floor is not to be missed. Whether you’re a seasoned investor or a newcomer to the world of cryptocurrencies, Rebel Satoshi offers a chance to be part of something groundbreaking.

    With Rebel Satoshi built on the Ethereum network, one of the most secured blockchains in the crypto space, it remains the best cryptocurrency investment to consider at this moment in time. Don’t miss out on your chance to join the Rebel Satoshi revolution and discover what crypto to buy for your portfolio.

    For the latest updates and more information about Rebel Satoshi, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

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  • Shiba Memu shines as investor buying power hits 6-month high

    Shiba Memu shines as investor buying power hits 6-month high

    • Shiba Memu presale has hit $3.6 million as more investors buy into AI meme coin.
    • Meanwhile, stablecoin on exchanges is at a 6-month high, led by massive whale deposits.
    • What does spike in exchange buying power means for crypto, Shiba Memu?

    Although the crypto market is still largely in the accumulation phase amid the latest price movement, analysts are pointing to on-chain data to suggest a bull run might not be that far off. That has to do with an uptick in exchange holdings of the stablecoin Tether (USDT), a metric that has historically coincided with fresh opportunities for crypto investors.

    What does this strong bullish flip mean for Shiba Memu, a new crypto project that has raised nearly $3.6 million in its recently launched presale?

    Investor buying power jumps 7%, what it means

    As Bitcoin broke above $28k earlier this week, on-chain data shared by market intelligence platform Santiment pointed to a significant change in investor sentiment. This is down to the amount of Tether on exchanges, which data shows recently hit a six month high. The exchange buying power increased 7% from roughly 17.6% to 24.7%.

    It’s an increase that points to a spike in stablecoin buying power, often an accumulation phase that precedes a fresh entry into the market. A sharp rise in exchange buying power, which takes shape with whales in the forefront, tells the market investors know it’s time to buy the dip.

    “The 10 largest addresses have also upped their $USDT holdings from $7.30B to $9.42B in 3 months,” Santiment wrote on X (formerly Twitter). It’s an outlook that suggests the next market dip could be significant, although that’s when investors seize on the opportunity to buy at discount prices.

    Often, BTC and ETH are top buys when prices crash. XRP and Polygon, two altcoins that are seeing month-high volumes driven by various factors, could be at the top of many investors’ watchlists.  However, as investors have always eyed the next bull market gem – one of the projects attracting most attention in Shiba Memu.

    Shiba Memu – marrying meme with AI

    Shiba Memu is a project that seeks to bring the benefits of artificial intelligence to the meme coin world.

    Dogecoin, Shiba Inu and other leading meme tokens have one feature in common – the inordinate reliance on human marketing effort to feed into the hype that drives traction. Shiba Memu stands out on this aspect among its would-be memesphere competitors. Mainly, it’s the AI-driven project’s leveraging of the new technology to create a marketing powerhouse that doesn’t rely on human effort.

    Apart from that, value for the community will be enhanced by functionality such as staking and interaction with decentralised applications (dApps).

    How does Shiba Memu work?

    Natural language processing, machine learning, predictive analytics and image/video recognition are among trends that define the project’s selling point. AI algorithms will be used to create a self-sustaining marketing machine, feeding on the meme-inspired world to drive adoption for SHMU.

    This will be achieved via a unique AI dashboard that will among other features offer direct interaction between the meme genius and Shiba Memu holders. Feedback and suggestions incorporated from users will give them a chance to earn extra SHMU.

    AI narrative – mainstream adoption is here

    One of the major venture funding developments this week has been the news that artificial intelligence startup Anthropic is looking to raise $2 billion from investors, led by Google. Reported by The Information, the details emerge just days after ecommerce behemoth Amazon.com Inc. said it would invest up to $4 billion in the OpenAI rival.  

    According to the report, Anthropic’s latest funding could see the company valued at $30 billion, a prospect that has ignited interest in AI following the high expectations championed by Microsoft, Nvidia and Palantir among others.

    Elsewhere is the continuing adoption of crypto and blockchain that has investor optimism on the industry’s future at new highs. Shiba Memu’s AI-powered project sits nicely at the intersection of these two technological developments.

    Indeed, interest in this AI-powered meme token has seen its presale attract remarkable investment from around the globe. Currently, that amount stands at $3.6 million and more will likely seek this early-bird opportunity.

    Learn more about Shiba Memu from its whitepaper or by joining the presale here.

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  • Nearly $2M raised amid investor interest

    Nearly $2M raised amid investor interest

    • Shiba Memu presale is closing in on $2 million mark, with nearly $1.9 million already raised.
    • Interest in the AI-powered crypto meme coin has soared in recent weeks.
    • Early investors into the project could benefit from potential long term gains.

    Few crypto projects currently boost the amount of attention that Shiba Memu, a new meme coin powered by artificial intelligence, is seeing in the market. 

    As Bitcoin and major altcoins continue to stall at key levels, this crypto project’s presale is attracting massive interest and is on the verge of clocking the $2 million raised milestone.

    But what’s making Shiba Memu a likely gem for early investors? We assess below.

    Shiba Memu and the meme coin hype

    Pepe (PEPE) and Shiba Inu (SHIB) and Floki (FLOKI) have been some of the crypto meme projects to attract huge traction this year. Given how popular these tokens have become, it might be difficult for a new project taking a similar approach to steal some of the fervour and build a community to rival these meme coin leaders.

    Yet Shiba Memu is looking to achieve just that using a self-marketing strategy powered by AI. While the likes of PEPE and FLOKI need a significant input of human-driven hype to promote themselves to the community, Shiba Memu will leverage a cutting-edge AI dashboard to reach the global market.

    As such, what top meme coins have been able to achieve with traditional marketing strategies could be improved upon manifold by Shiba Memu’s groundbreaking system. Does this mean the project has the capacity to challenge the likes of Dogecoin, Shiba Inu and Pepe?

    Most probably, with all the buzz around the project as seen during the ongoing presale. It all suggests investors see Shiba Memu as having long term investment potential.

    How Shiba Memu plans to tap into AI technology

    Artificial Intelligence is making waves across the tech industry, pulling in billions of dollars’ worth of investment from global giants Microsoft, Meta, Google and Apple among others. Companies such as Nvidia and Palantir have also bet big on the potential for AI to drive revenues and adoption.

    It’s a trend also seen across crypto, with crypto AI a new narrative that’s driving applications in trading, decentralised cloud computing, and prediction markets. It’s along these lines that Shiba Memu is looking to become the top AI-powered dog meme coin.

    For instance, an automated marketing dashboard will use natural language processing, predictive analytics, sentiment learning and image and video recognition to intelligently target new markets for the native SHMU token. 

    Akin to a puppy learning new tricks every day, AI is forecast to polish Shiba Memu into what could become the dominant meme coin.

    Is buying Shiba Memu today a good investment move?

    The Shiba Memu presale currently has SHMU priced at $0.020125. The project has so far raised nearly $1.9 million even as the token’s value has increased from $0.011125 when the token sale launched a few weeks ago.

    Notably, and perhaps more appealing to investors is that the token’s value is programmed to increase every day at 6 pm GMT. It will eventually hit $0.024400 for a total of 119% upside from that presale debut price. Going past key levels such as $0.1 and $0.5 on market debut could mean gains of between 310% and 1,950%.

    As with every other investment, the key is to acknowledge the risks involved versus the potential reward. This also applies to Shiba Memu, which as noted, is a new crypto project looking to revolutionise an industry that is very nascent.

    However, given the projections for both crypto and AI, the latter from tech giants such as Microsoft, suggests putting some money into Shiba Memu as part of an investment portfolio could be worth it down the road.

    Learn more about Shiba Memu here.

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  • legendary investor Peter Lynch takes a side

    legendary investor Peter Lynch takes a side

    peter lynch picks stocks over crypto
    • Peter Lynch reveals that he does not own any cryptocurrency.
    • He’s sticking to his ‘buy what you know’ investment strategy.
    • Lynch regrets not investing in Apple and Nvidia in recent years.

    Bitcoin has massively outperformed equities since the start of this year but legendary investor Peter Lynch continues to prefer the latter.

    Lynch does not own any cryptocurrency

    On Tuesday, the Vice Chairman of Fidelity Management & Research confirmed that he’s not exposed to cryptocurrencies.

    Interestingly, Lynch is familiar with the technology that powers the crypto space. Still, he said today on CNBC’s “Squawk Box”:

    I do understand blockchain. I know how it works. But what bitcoin is going to be, I have no idea. I don’t own any bitcoin or ether coin.

    Lynch is keeping away from BTC even though he knows the total supply of it will be cut in half next year – an event that usually translates to higher price.

    Lynch is sticking to ‘buy what you know’

    Bitcoin has now slipped back to the $27,000 level but is still keeping above a key support suggesting the bullish sentiment is still there.

    But for years, Fidelity’s Peter Lynch has recommended that investors “buy what they know” – and to him, that means stocks. Explaining how to pick stocks and when to pull out of them, he said:

    Look at the company, the balance sheet. What’s the reason stock should be higher? When companies go from crappy to semi-crappy to good, stock goes up. When business gets terrific, get out.

    Lynch expressed regret today for not investing in a number of large-cap tech companies in recent years, particularly Apple Inc and Nvidia Corporation.

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  • Bitcoin is among top 10 assets per investor interest in 2022

    Bitcoin is among top 10 assets per investor interest in 2022

    • Bitcoin sits 8th on Yahoo Finance’s list of top quotes as measured by total page views in 2022.
    • According to the platform, BTC/USD has accumulated more than 157 million quote views, with Tesla topping the list.
    • Ethereum ranks 25th while the Coinbase (COIN) stock currently sits in 30th spot.

    Cryptocurrencies have remained deep within an unforgiving crypto winter for all of 2022. That’s it.

    And December is not offering much relief to traders so far, not with heavy duty contagion amid a spike in the number of crypto projects falling into distress.

    It’s thus surprising to say that interest in Bitcoin, the world’s largest cryptocurrency by market cap, soared throughout the year. But then it has.

    Bitcoin among top 10 assets per investor interest

    The price of Bitcoin fell below $16,000 after FTX’s implosion, but as CoinJournal recently reported, large investors appear to have used that as an opportunity to buy more. That is interest that has reflected throughout the year as prices nosedived from last year’s peak above $69,000.

    According to an in-house metric Yahoo Finance uses to measure investor interest across the markets, BTC has seen a laser-like focus from investors even as prices plunged to lows last seen in 2020.

    A report the company published on Thursday showed that the BTC/USD quote has so far accumulated over 157 million views in 2022. Ranked alongside other top assets, the flagship cryptocurrency falls within the top 10. Indeed, as of Thursday, bitcoin ranked 8th on the platform’s list of top 10 trending tickers.

    Looking at the list, Tesla Inc. (TSLA) stock quote ranks first with more than 398 million views, followed by the three major US indices (the Dow Jones Industrial Average, the S&P 500 and Nasdaq). Tech giant Apple Inc. (AAPL) sits 5th with more than 249 million page views while Amazon (AMZN) comes next with 199 million views so far.

    Ethereum (ETH) is 25th on the list in terms of investor interest as measured by 63.8 million page views so far. Elsewhere, Coinbase (COIN) has also been on top of investors’ list of interesting assets, with the crypto stock ranked 30th after more than 57 million quote views.

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